In: Operations Management
Are the theories of organizational adaption, management tools, or they are mere theories? Give an example to validate your position.
ORGANIZATION ADAPTION THEORY: It is very important theory as it focus on taking correct measures and improve inefficient processes within an organization ,and focus on how that organization works in the world at large and suggest procedures to cope with a changing environment ,such as a shifting economic landscape or introduction of a new parent organization.
MANAGEMENT TOOL THEORY: They are all the systems, methods, solutions, controls etc used by an organization to be able to cope with changing markets.
REASON WHY THEY ARE NOT MERE THEORIES: Basically these are the concepts given by great scientists and reserchers after anlayzing them for several years and studying their consequences and postive results and without using their theory as our reference its not possible for today's reserchers to give any new concepts and theory. Because already existed theory provide us systematic way of understanding events, situations and getting results accordingly.
EXAMPLE OF ORGANIZATION ADAPTATION THEORY IN REFERENCE TO AIRBNB : Airbnb ,the company that helps people in travelling across the country as well as world .So, the idea of Airbnb was to rent the property or unoffical rooms. But after introduction of new rules and regulation it became difficult for them to listing their properties. In this situation it formed alliance with the real estate industry's Century 21 to come up with more rental-friendly leases. And it is how it shift in Airbnb does business.
EXAMPLE OF MANAGEMENT TOOL THEORY : If you starting a business XYZ the planning, mission and vision statements , outsourcing, customer segmentation are integral part of management so, without working on it it's not possible to achieve organizational goal.